Unicharm (OTCMKTS:UNICY) Sees Large Increase in Short Interest

Unicharm (OTCMKTS:UNICY) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 20,331 shares, a growth of 897.6% from the June 30th total of 2,038 shares. Based on an average trading volume of 674,751 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Zacks Research cut Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group upgraded Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Unicharm Price Performance

OTCMKTS:UNICY opened at $2.89 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.06 and a current ratio of 2.57. The company has a 50-day moving average of $2.91 and a 200-day moving average of $3.00. Unicharm has a 52 week low of $2.61 and a 52 week high of $3.67. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 24.09 and a beta of 0.33.

Unicharm (OTCMKTS:UNICY) last posted its earnings results on Friday, May 8th. The company reported $0.04 earnings per share for the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. The business had revenue of $1.49 billion for the quarter. As a group, equities research analysts anticipate that Unicharm will post 0.15 earnings per share for the current fiscal year.

About Unicharm

Unicharm Corporation is a Tokyo?based consumer goods company founded in 1961. Specializing in hygiene and care products, the firm has built its reputation on developing innovative, high-performance solutions for everyday needs. Over more than six decades, Unicharm has grown from a domestic manufacturer to a leading global player in the personal care industry.

The company’s core business activities encompass the design, production and marketing of disposable hygiene products. Key product lines include baby care items such as diapers and training pants; feminine hygiene products including sanitary napkins and panty liners; adult incontinence solutions; and pet care offerings like pet diapers and wet wipes.